RIO DE JANEIRO, BRAZIL - Central Bank President Roberto Campos Neto said that the peak of Brazilian inflation is expected to occur in April or May this year.
"I think now [the peak] will happen between April and May. Then we will see a somewhat faster drop in inflation," he said on Friday, February 11, at an event sponsored by Esfera Brasil.
The head of Brazil's monetary authority reinforced that the fight against inflationary pressure in Brazil is more developed than in other countries. Nevertheless, he added that the pressure on world prices in the coming months will depend on . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here